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Myrtle Company has sales of $237,000, cost of goods sold of $93,700, operating expenses of $23,420, average invested assets of $740,000, and a hurdle rate

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Myrtle Company has sales of $237,000, cost of goods sold of $93,700, operating expenses of $23,420, average invested assets of $740,000, and a hurdle rate of 8.00 percent. Calculate Myrtle's return on investment and its residual income Note: Enter your ROI answer os a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34% ). Round your Residual Income (Loss) answer to the nearest whole dollor

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